Rediff.com India Limited (Rediff) is engaged in providing online business and consumer offerings in India and to the global Indian community. The Company’s Websites in India and the United State consist of communication services, such as e-mail, news and information channels, community features, including a social networking platform, photo/video and music sharing capabilities, local search, and mobile and online marketplace services. The Company operates in two segments: India Online business and U United States Publishing business. India Online business includes revenues from advertising and fee-based services. United States Publishing business include revenues from the Rediff India Abroad Website and revenues from the print newspapers India Abroad and India in New York. The Company also publishes two weekly newspapers, India Abroad and India in New York.

I understand the Idea for liking his stock, but at this time, only a small slice of the population of India is connected to the internet, and Rediff is not even the chosen portal. The company itself is shrinking every year, and they continue to bleed money. Maybe someday, but not today.

This maybe the next Baidu, which I bought in 2008 and rode in up 1200%. Play the options and buy $1000 worth of call options at $5 strike for April or May and cash in, also make sure you buy some of this for the long haul.